Boys & Girls Club of Charlotte Inc

Analysis

Boys & Girls Club of Charlotte Inc is a registered charity in United States, based in Port Charlotte, FL. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Boys & Girls Club of Charlotte Inc reported income of $2.0m and spending of $1.3m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $896k to $2.0m (+119%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 94%. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Boys & Girls Club of Charlotte Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Los Al FNL ($2.0m), Boy Scouts of America ($2.0m) and Lubbock Boys and Girls Club Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% and program service revenue 1.8% of the total. Other salaries and wages came to $721k. At year end it held assets of $1.8m against liabilities of $40k, net assets of $1.8m. It reported 46 employees.